Cash Advance Transaction

Cash Credit Line is a short-term loan that allows you to access more cash in times you exhaust your actual account balance.

Features and Benefits

  • Flexibility-the customer can draw as little or as much of the overdraft facility as it needs from time to time, so long as the limit is not exceeded.
  • Improves the customer’s liquidity position
  • Repayment period of up to 1 year renewable

Standard Requirements

  • Security
  • Financial statements for the last 3 years
  • Copy of valid identification documents
  • Trade license
  • Board resolution
  • Evidence of contracts from tenders
  • Cash flow projections